KATHMANDU, July 4: The Nepal Stock Exchange (NEPSE) last week edged up 3.89 points (0.15 percent) amid the low confidence of investors towards the country’s share market.
The secondary market opened for trading at 2,649.51 points and closed at 2,653.40 points. The market rose as high as 2,673.14 points and fell as low as 2,602.39 points, marking a volatility of 70.75 points over the period.
Market ends week flat with Nepse yet to close above key 3,200 l...
In five-day trading, the market index declined for three days. On Wednesday and Thursday, the market surged by 44.59 points and 8.78 points, respectively.
Sector-wise, seven had their market indices decline as manufacturing and process plunged by the largest of 144.59 points (1.35 percent). Of the six gainers, the banking subindex inclined by the largest of 19.49 points (1.38 percent).
Among the individual companies, share price of Snow Rivers Limited increased 101.05 percent, the highest of all. Likewise, Asian Hydropower's share price declined by the highest of 6.74 percent.
The average daily turnover slid to Rs 3.66 billion from Rs 4.002 billion, marking a decline of 8.44 percent. Market capitalization increased to Rs 4.559 trillion from Rs 4.534 trillion, making the investors delighted with capital gains of Rs 25 billion in their book value. In the previous week, investors lost Rs 83 billion from share transactions.
